Finance & Securities - NOVEMBER 26, 2024
The finance sector operators under our coverage reported a combined net profit of Bt3.9bn in 3Q24, down 7.7% YoY and 5.2% QoQ.
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Muangthai Capital - Asset Quality Remains Well Managed
The long-term growth outlook is strong, with earnings per share (EPS) projected to grow at an average annual rate of 19% in 2025- 26E.
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Special Report: The Bigger the Fed Rate Cut, the Better for Cyclicals - SEPTEMBER 24, 2024
We expect that the Bank of America (BofA) Global Fund Manager Survey results for October will shift positively toward equities compared to the...
371 Views
Muangthai Capital - Good Asset Quality Recovery; but Challenges to Loan Portfolio Growth
We downgrade our rating to Neutral (from Buy), with a new 12M FV of Bt45.0 (from Bt49.08) following our downward revisions to 2025-26E earnings...
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Muangthai Capital - Expect 2Q24E NP Growth YoY and QoQ Due to Asset Quality Control
The valuation metrics suggest that the share price implies potential upside of 21.9%. The long-term earnings growth prospects remain strong, and...
437 Views